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question 1 a. What is the effect on a countrys economy of an artificially low exchange rate? Of an artificially high exchange rate? b. Explain

question 1

a. What is the effect on a countrys economy of an artificially low exchange rate? Of an artificially high exchange rate?

b. Explain how a company can use forward contracts to eliminate Foreign Exchange risk. What is counter-party risk?

Explain in detail

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